Space announces public sale of its native token, $SPACE

[PRESS RELEASE – Tortola, British Virgin Islands, December 17th, 2025]

Room is the first 10x leveraged prediction market on Solana, where users trade real-world results in crypto, politics, sports, technology, culture and more – getting paid if they’re right. Today they announced the public sale of their native token, $SPACE.

The company has a token flywheel mechanism where 50% of sales are spent on buybacks and burns $SPACE.

Space is being built by the team behind UFO, a 2021 top 100 project on CoinMarketCap that grew to a market cap of over $1.5 billion with a large on-chain community. That success came from distribution and the community, not from insiders. The same ethos drives the space.

Core functions:

• Central Limit Order Book (CLOB) with 0% maker fees
• Up to 10x advantage on predictions, more than 1,000x profit
• Developed user acquisition and retention loops
• 50% of sales – buy back and burn
• Gamified points, ranks and seasonal airdrops
• Liquidity and referral rewards

Support

Room $3 million seed and strategic round was led by Morningstar Companies And Arctic Digital. Besides breaking a record 1,360% oversubscribed increase on Echo and investor participation Composite Through Impossible finances.

Now they are opening the property to the community.

Public sale

The team believes that the people who use, trade, build on and support space travel should own a piece of it. At a public sale, ownership passes to the community, with everyone receiving the same price.

Discovery of fair prices

The public sale uses a variable token distribution model. The distributed tokens will be determined at the final market clearing price. This ensures fair and efficient pricing while guaranteeing that all participants receive the same price.

Key details:

Chain: Solana

Start: December 17, 6:00 PM UTC

Goal: $2.5 million

Floor VAT: $50 million

Ceiling FDV: $99 million

VAT curve: Linear ($0.05 → $0.099)

Fortress: 100% unlocked at TGE

Accepted: USDC, USDT, SOL

Minimum contribution: No

Maximum contribution: No

How it works:

1. At the end of the countdown, sales.in.space will be open to contributions
2. Sales will start at a floor valuation of $50 million FDV and will remain at this level until the $2.5 million target is reached
3. After the target is reached, sales enter the price trend, with the FDV increasing linearly to the $99 million ceiling
4. At the close of the sale, all participants pay the same clearance price
5. In the event that demand exceeds the available tokens at the final price, the team will manage allocations and refund excess contributions to ensure fair participation for all contributors

Levels and benefits

The participation level changes every 24 hours. The sooner a user commits, the higher their level and the more likely they are to fulfill their allocation: unlocking a larger bonus airdrop, lifetime benefits, and benefits on the Space platform.

The minimum contribution is unlocking a level and subsequent rewards. There is no minimum contribution to participate in the Public Sale.

Additional benefits:

• Bonus airdrop: Unlocks an additional bonus token airdrop
• Point multiplier: Earn points faster in airdrop seasons 1-4 (Q1-Q4 2026)
• Referral Multiplier: Lifetime bonus on trading fees from referred users
• Trading fee discount: Reduced fees for user transactions for 12 months

Users’ total contributions are cumulative, but they can only reach a level if they reach the minimum during that level’s active period. Once a user secures one, it is theirs for life. Level achievements carry over to their Space profile and provide additional benefits.

Allocation and refunds

In the event of oversubscription, the team will manage the allocations to ensure fairness.

Any excess contributions will be refunded after the sale, with the criteria announced once the sale is completed.

Tokenomics

Total supply: 1,000,000,000

Flywheel mechanism

All platform fees feed a self-perpetuating cycle:

• 50% of turnover → Buyback and burning $SPACE
• 50% of turnover → Protocol Treasury

What’s next

Public sale: December 17, 6:00 PM UTC

Refunds: Immediately after the sale is closed

TGE: After public sale

Platform launch: January 2026

To participate, users can:

1. Go to sales.in.space
2. Connect a self-custodial wallet (Phantom recommended)
3. Desktop is recommended for the best user experience
4. Select the contribution amount in USDC, USDT or SOL
5. Sign and confirm transaction

Important: Do not ship from a centralized exchange (CEX). Use a self-custodial wallet like Phantom.

About space

Room is a leveraged prediction market built on Solana by the team behind UFO, a Top 100 project with a market cap of over $1.5 billion. It combines a central limit order book, 10x leverage, and zero maker fees to address the liquidity issues common in prediction markets. Space integrates gamified rewards, referral incentives, and a seasonal airdrop system to increase user engagement.

The protocol raised $3 million, including a 1,360% oversubscription round on Echo.xyz, with backing from Echo, Impossible Finance, Morningstar Ventures and Arctic Digital. With 50% of platform revenue allocated to a buyback and burn mechanism, Space aims to provide a foundational layer for decentralized prediction markets, supporting traders, developers and token holders.

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